Luxury

The combination of luxury’s ever-increasing prices, the rise of luxury resale platforms like Fashionphile and The RealReal, and fashion's streetwear-influenced focus on limited-edition drops have all come together to create a type of consumer for whom luxury goods are investment assets. These customers amass large collections of exclusive, high-priced items like watches and handbags with an eye on their resale value, treating their collections like portfolios.